With Good fiNancial Planning, Managers Can Be Less Vigilant in Their

question 346

True/False

With good financial planning, managers can be less vigilant in their day to day management of the
firm.

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Definitions:

Electronically

Through the use of electronic devices or systems, especially over digital networks.

Positive

An attribute of numbers greater than zero or situations that are beneficial or desirable.

Collection Float

The time period between when a payment is made by a customer and when the funds are actually available in the company’s bank account.